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26 February 2024 | 13 replies
My main gig is I own 28 Subway restaurant franchises, including in this town and if that's the rumor they want to spread, I'm fearful of the fall out to my restaurants.
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26 February 2024 | 0 replies
This remodel included all new plumbing, a complete bathroom gut, all new flooring, exposing the brick fireplace, all new appliances, paint inside and out, etc.
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26 February 2024 | 2 replies
A lot of the major components are brand new including roof, siding, furnaces, A/C, flooring.
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26 February 2024 | 13 replies
I am also including the taxes and insurance while running the numbers.
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26 February 2024 | 6 replies
The great thing about keeping a W2 or job is that you are loanable and can continue to house hack and buy investment properties from conventional lenders, which always provides the best debt hence increasing your return on the property.
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27 February 2024 | 9 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
25 February 2024 | 8 replies
I'm afraid that since I have used my person funds to pay LLC debt, I may have lost my protection.
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23 February 2024 | 15 replies
Total expenses (include formulaic maintenance and vacancy rates)4.
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26 February 2024 | 3 replies
It's a split level that I bought in original condition, including a 1984 ancient-looking air conditioner and all the things that come with a house of this nature.The plan was to do a full cosmetic + replace HVAC and Roof + prune back 60ft tall pine trees AND turn it into a house hack bnb.What I've learned so far....- Trust but VERIFY everything on the buy side.
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25 February 2024 | 1 reply
My formula is not complex... something like this:High school rating > 8"(Estimated Rent x 12) - HOA - Prop Tax - Insurance @ 0.3% - Vacancy @ 5% of rent - Debt Service @ 8%" > 0I want to be able to customize the metrics, and find properties I can purchase as an investment.If anyone is an avid user of StockRover and their custom metrics, that is exactly what I am looking for - but for real estate.